Corporate Action9 Sept 2026, 08:30 pm
Share India Securities to Redeem NCDs Early
AI Summary
Share India Securities Ltd has announced the early redemption of its Series A and Series B Non-Convertible Debentures (NCDs). The company obtained the necessary consent from NCD holders for this early redemption, which is scheduled for September 30, 2026. This is prior to the original maturity date of June 10, 2027. The total principal amount for Series A NCDs is ₹18.75 crore and for Series B NCDs is ₹49.90 crore. Holders of record on September 15, 2026, will receive the redemption amount along with accrued interest.
Key Highlights
- Early redemption of Series A and Series B NCDs announced.
- Redemption date set for September 30, 2026.
- Total principal redemption is ₹68.65 crore.
- NCD holders approved the early redemption.
- Payment includes accrued interest up to redemption date.
Price Impact
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